Over the 12 months ended Oct. 31, 2012, a total of 59,256 foreclosures were completed in the Lone Star State, according to the latest analysis by Irvine, Calif.-based CoreLogic.
Completed foreclosures are an indication of the total number of homes in a given area that have actually been lost to the foreclosure process.
Texas was one of five states that recorded the highest number of completed foreclosures between October 2011 and 2012, the analysis finds. The other four were California, which completed 105,000 foreclosures between October 2011 and 2012; Florida, 95,000; Michigan, 68,000; and Georgia, 54,000.
Read more...Foreclosure process in Texas remains busy, analysis finds - San Antonio Business Journal